Michael Saylor-led Strategy buys another 10,100 Bitcoins for $1.05 billion; BTC holds above $107,000

Michael Saylor-led Bitcoin treasury major Strategy (formerly known as MicroStrategy) has significantly expanded its Bitcoin holdings, acquiring an additional 10,100 BTC for a hefty $1.05 billion. The transaction, which occurred between June 9 and June 15, 2025, had an average purchase price of $104,080 per bitcoin, as detailed in Strategy's 8-K filing with the US Securities and Exchange Commission (SEC).

This latest acquisition brings Strategy's total Bitcoin treasury to 592,100 BTC, now valued at over $63 billion. The company's total cost to acquire these bitcoins stands at $41.84 billion, with an average price of $70,666 per bitcoin. Strategy's current Bitcoin holding represents approximately 2.8% of Bitcoin's total supply of 21 million. Michael Saylor confirmed the update on X, stating, "Strategy has acquired 10,100 BTC for ~$1.05 billion at ~$104,080 per bitcoin and has achieved BTC Yield of 19.1% YTD 2025. As of 6/15/2025, we hodl 592,100 $BTC acquired for $41.84 billion at $70,666 per bitcoin."

In related financial activities, MicroStrategy also provided updates on its at-the-market (ATM) offering programs. Between June 9 and June 15, 2025, the company sold 452,487 STRK shares, generating $45.2 million in notional value and $48.4 million in net proceeds. Additionally, 286,101 STRF shares were sold, raising $28.6 million in notional value and $30 million in net proceeds. As of June 15, 2025, MicroStrategy retains significant availability under its $21 billion ATM programs, with over $18.6 billion in Class A common stock and over $20.5 billion in STRK shares still available for issuance.

Furthermore, the company finalised its previously announced public offering of 11,764,700 shares of its 10.00% Series A Perpetual Stride Preferred Stock (STRD) at $85.00 per share on June 10, 2025. This offering is expected to yield approximately $979.7 million in net proceeds after accounting for underwriting discounts, commissions, and estimated offering expenses, as stated in Strategy's 8-K filing.

Earlier in the month, the Delaware-based company, headquartered in Tysons Corner, Virginia, had already acquired an additional 1,045 BTC for approximately $110.2 million at an average price of $105,426 per bitcoin.

MicroStrategy's aggressive Bitcoin acquisition strategy has inspired other companies, including Twenty One, Nakamoto, Trump Media, Metaplanet, and GameStop, to follow suit, indicating a growing institutional interest in the world's largest cryptocurrency.

This latest Bitcoin purchase by MicroStrategy follows a widened net loss from operations in Q1 2025, which reached $5.921 billion, significantly higher than the $203.7 million loss in Q1 2024. Despite these losses, the company acquired 80,715 BTCs worth $7.66 billion during the first quarter.

Strategy is a U.S.-based business intelligence and software company, best known for its aggressive Bitcoin investment strategy. Michael Saylor, the company’s co-founder and Executive Chairman, is a big BTC fan, and under his leadership, Strategy has become the largest corporate holder of the cryptocurrency.

BTC Climbs Up

MicroStrategy's ongoing investment comes as Bitcoin demonstrates renewed strength, climbing above $107,000, buoyed by increased institutional interest.

Edul Patel, Co-founder and CEO of Bengaluru-based crypto exchange Mudrex, said Strategy’s $1.05 billion acquisition of 10,100 BTC and Metaplanet’s crypto reserves surpassing the 10,000 BTC mark have fuelled bullish momentum in the asset, even amidst geopolitical tensions. He also noted a significant surge in Ethereum whale accumulation, with over 818,000 ETH accumulated, marking the highest daily inflow in over six years, which is supporting ETH above $2,500. Currently, Bitcoin is trading near $107,000, with major resistance at $110,300 and support at $105,800.

Avinash Shekhar, Co-Founder & CEO of Pi42, added that the filing of a Bitcoin and Ether ETF by Truth Social and Strategy’s $1 billion BTC purchase further fuelled the recovery, signalling continued confidence in digital assets. He also highlighted Ethereum's increasing traction, supported by strong ETF inflows and historically low exchange reserves. However, Shekhar cautioned about certain altcoins, specifically mentioning that Dogecoin must maintain key support levels to avoid a sharp decline. He concluded that while the overall market shows mixed signals, the leadership from Bitcoin and Ethereum is maintaining a cautiously bullish core sentiment.